Well preserved: Government funding continues to support industry revenue growth

IBISWorld’s Art Galleries and Museums market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.


Industry Analysis & Industry Trends

The Art Galleries and Museums industry has achieved modest growth in a highly competitive environment. Art galleries and museums contend with other leisure, sporting and entertainment organisations for their share of consumer expenditure and government funding. As such, the industry has developed new, special exhibitions and interactive educational displays to attract new visitors and retain existing patrons. Art galleries and museums have continued to reposition themselves as social institutions, widening their appeal to new audiences and helping them secure government grants.

Successful art gallery and museum operators have made use of existing and emerging digital media to offer online virtual museums...

shopping_cartBUY NOW TO READ MORE

Industry Report - Industry Investment Chapter

The industry requires high labour inputs, as extensive staff and volunteer work is required for conservation, mounting of displays, interpretation, education and research. The industry also has high capital requirements associated with vehicles; buildings required to display and store items; costs for museum and art gallery plant and equipment such as lighting, heating and cooling; and artwork conservation expenses. Overall, the industry exhibits medium capital intensity. For every dollar spent on wages, an estimated $0.32 is invested in capital. However, this figure underrepresents the industry’s labour intensity, due to the large number of volunteers that help facilitate operations. Cap..

shopping_cartBUY NOW TO READ MORE

Look under the hood?

Download a FREE sample report

Industry Products

What is the Art Galleries and Museums Industry?

Operators in the industry run and manage art galleries and museums across Australia. The industry also includes businesses that operate historic houses.

Industry Products
Art gallery exhibitions
Museum exhibitions
Merchandise sales
Industry Activities
Art gallery operations (except)
Art museum operations (except)
Historic house and heritage site operations
Historic railway operations
Maritime museum operations
Museum operations
Natural history and science centre operations
Social history museum operations
Transport museum operations
War memorial museum operations

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

Contact Us

Want to speak to a representative? Call us.